Monday, June 13, 2016

Daily Summary 13 June 16

Europe and Dow were sharply down on Friday due to the fear of Brexit. Trend of Dow is turning down. Dow's future is off today. European bourses opened down again.

Asian bourses were mostly sharply down. Nikkei -582, ShanghaiC -95, Hangseng -530. STI closed -38 at 2785. Volume was 2.1b shares. Gainers were 118 to 325 losers.

Trend of STI is down.

Top volumes were Ezra -0.7, LionGold -0.1, Magnus unchanged, Annica unchanged, Noble -1, OLS unchanged, SingTel -4, Memstar unchanged, ThaiBev -1.5, KepInfraTr -0.5.

STI opened down and stayed down the whole session closing off its day low. Blue chips were mostly in the re led by banks. The general market was weak with gainer loser at 1:3. The external factors esp exit of Britain from EU is becoming the main worry for good or wrong reason.

European bourses opened firmly down while there is no market at New York tonight.


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